Investment Firm Lorient Leased Midtown Office Space
The health care-focused firm signed a 5,556-square-foot lease at the recently renovated 825 Third Avenue building.
Updated on Oct. 7, 2026 in Commercial
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Investment firm Lorient has signed a 5,556-square-foot lease at 825 Third Avenue in New York City, marking the company’s first office location in the city. The firm, which focuses on health care, will occupy a prebuilt DurstReady suite within the 40-story office tower.
Why it matters
Lorient intends to use this new Midtown location to expand its operational capacity and business platform in the New York City market. The decision bolsters the firm's presence outside of its existing offices in Miami and Birmingham, Michigan.
The lease covers 5,556 square feet in a building that features a 6,000-square-foot wrap-around terrace. 825 Third Avenue is a 40-story structure originally built in 1969 that recently underwent a $150 million renovation.
The players
Lorient
Lorient is an investment firm established in 2015 that specializes in the health care sector.
The Durst Organization
The Durst Organization is a prominent real estate company that owns and manages the 825 Third Avenue office tower.
Lee & Associates
Lee & Associates is a commercial real estate services firm that provided brokerage services for the lease negotiations.
The details
Lorient opted for a prebuilt DurstReady suite, which provides the firm with fully furnished and equipped office space. The deal was negotiated by in-house representatives from The Durst Organization alongside brokers from Lee & Associates.
Timeline
Lorient was founded in 2015.
825 Third Avenue was originally built in 1969.
Roadmap
The deal at 825 Third Avenue highlights the continued demand for high-quality, prebuilt office suites in New York City's competitive commercial landscape. By choosing a modernized building, Lorient aligns itself with a broader trend of tenants prioritizing renovated assets that offer amenities like outdoor space.
The addition of this investment firm to Midtown East may influence local professional services and retail demand in the surrounding area. Businesses located near 825 Third Avenue can expect increased foot traffic from staff members and visiting clients associated with the new office.
The takeaway
Companies expanding into New York City increasingly favor move-in ready office suites to minimize setup time and overhead. This shift reflects the high value placed on efficiency and modern amenities in the current commercial real estate environment.
Further reading
Learn more about the local market by visiting New York City Commercial.
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